Germany Telecare Market

Market Overview

Telecare is a support and assistance system that offers emergency services by utilizing information and communication technology. It provides the automatic and continuous remote monitoring of users through Technology-Enabled Care (TEC). The service includes telehealth, telemedicine, and related self-care services, which keep track of individuals’ health, well-being, and supports independent living.

Telecare also helps overcome certain risks during sudden emergencies and lifestyle changes, such as fall, fire, gas leak, and flood detection. In Germany, the government is taking various initiatives, such as the National Dementia Strategy, Age-Appropriate Rebuilding Program, and other subsidiary programs, to improve the quality of life among the geriatric population.

Market Dynamics

New Long-Term Care Legislation (LTCI) Strengthening the Hausnotruf Market in Germany

Germany had established long-term care insurance in 1995, through which users can claim benefits from the LTCI if they need care in extreme illness or disability. This legislation has three significant arrangements from which recipients can choose: allowance, home care, and residential care. The Federal Government passed the reform of LTCI that came into force in 2017, which includes a fundamental change in the definition of “in need of care.”

The new definition includes six modules such as mobility, cognitive and communicative abilities, behavior patterns and psychological problems, level of self-sufficiency, health restrictions, demands and stress due to therapies and structure of everyday life, and social contacts. It also includes a subsidy of home adaptations, which increased from Euros 2,557 to Euros 4000 per measure. In the case of multiple eligible people living together, the subsidy can go up to Euros 16,000.

Additionally, the subsidies for consumable nursing aids will significantly increase as per the new reforms from 31 Euros to 40 Euros a month. With an investment of Euros 500 million, the government aims to raise the number of care helpers in residential homes from 25,000 to 45,000, which would certainly widen the scope of Hausnotruf services in the market.

Increasing Rate of Accidents in Geriatric Population

Age and gender-related injury and functional decline are leading to falling-associated injuries among the elderly population. According to the European Association for Injury Prevention and Safety Promotion, the healthcare expenditure for fall-related injuries in the European Union is estimated to be Euros 25 billion per year, thereby being an opportunistic market for Hausdorff services in the region.

According to the National Centre for Biotechnology Information, U.S. National Library of Medicine, Germany accounts for 75% of fall-related injuries that occur majorly in residential premises such as rooms or bathrooms, whereas 36% while walking. This would certainly be one of the major drivers for the telecare Hausnotruf services market due to the benefits provided through emergency calls and associated devices.

Privacy Issues and Problems Associated with Data Confidentiality Restraining Market Growth

Innovatively connected health solutions offer several promising solutions to challenges faced by the healthcare industry in Germany. Various privacy issues have raised questions related to confidentiality maintained in terms of patient’s information.

To a draw solution to this issue, the German Government has implemented the law of “E-Health Card.” This card stores a photograph, administrative data, and medical applications such as medication plans, emergency information, and associated cross-facility electronic health records. This information is secure with premium security features that helps in improving the interoperability of healthcare technology.

Medical Informatics Funding Scheme Cementing the Development Opportunities across Regions

With the rising prevalence of various chronic diseases such as cancer, cardiovascular diseases, muscular ailments, and dementia, it is important to improve the exchange of data across several locations and institutions.

The government of Germany has initiated the Medical Informatics Funding Scheme as a part of the Health Research Framework Programme. It primary aims is to provide faster diagnosis and treatments.The scheme improves the research opportunities, and patients care through innovative and efficient IT solutions. This initiative would offer an array of opportunities for the theHausnotruf market to grow as it focuses on promoting innovations and consumer-friendly technologies that deliver precise care.

Segmental Analysis

By Type

Mobile PERSSegment Projected to Overtake Landline PERSSegment

The Mobile PERS segment is expected to grow substantially across the market and to outpace the Landline PERS segment by the end of the forecast period. A high rate of mobile proliferation is anticipated to provide prominent growth prospects for the market.

Mobile PERS’ enhanced features and its mobility factor plays a vital role in the growth of telecare market. mPERS devices include features such as calling assistance, GPS tracking, real-time physical health status data, and fall detection.

Today, mobile devices have become an integral part to contact each other especially during emergencies. One of the most critical aspects of emergency management is the emergency notification system developed to improve the performance and efficiency of immediate medication activities.

Additionally, to meet the current requirement of geriatric population towards self-care, several companies are inclining towards various technological advancements. Thus, increasing the demand for mPERS devices.

Regional Analysis

Healthcare Sector Capable of Generating High Revenue in the Market

Germany has a strong healthcare system in terms of infrastructure, trained staff, and hospitals. According to the International Trade Administration (ITA), the country has approx. 1,951 hospitals, 2500 medical supply stores, 20,023 independently owned pharmacies, and 1,151 rehabilitation centers. It has resulted in a considerable surge in migration for availing healthcare.

According to the World Health Organization (WHO), Germany witnessed an approx.12,165,083 international migrants, of which 10.3% constituted total asylum seekers in 2017. The country has a huge health-conscious population, which expends extensively on several health-related issues either, as precautionary measures or aftercare.

International Trade Administration (ITA) has estimated that Germany’s total health expenditures increased by 4.9% to USD 426.86 million in 2016. Moreover, per capita, healthcare expenditures were approx. USD 4939.34 million in the same year. Germany ranks 13th across the globe followed by Norway, the Netherlands, Switzerland, the U.S., and Luxembourg.

The increasing prevalence of several chronic diseases such as cardiovascular diseases and diabetes in the geriatric population has increased overall healthcare expenditures. According to a study conducted by the German Society for Thoracic and Cardiovascular Surgery, approximately 103,128 heart surgery procedures were conducted in 2016, of which 15.7% were in the age group of 80 years. This would certainly, call for the need for attention and precise services among the geriatric population, thereby expanding the market scope.

Germany Telecare Market Segmentation

By Type

• Landline PERS
• Mobile PERS

By End-User

• Home-based Users
• Senior Living Facilities
• Assisted Living Facilities

By Region

North America

• The U.S.
• Canada
• Mexico

Europe

• The U.K.
• Italy
• France
• Spain
• Germany
• The Rest of Europe

Middle East and Africa (MEA)

• Saudi Arabia
• Egypt
• South Africa
• The Rest of MEA

Asia-Pacific

• India
• China
• Japan
• Australia
• South Korea
• The Rest of Asia-Pacific

South America

• Columbia
• Chile
• Peru
• Argentina
• The Rest of South America